DBS launches tokenised notes on Ethereum, widening access for investors.
Federal Reserve Governor Christopher Waller has stated that decentralised finance, or DeFi, is not something to be feared. In a speech at a blockchain symposium, he expressed DeFi technologies as similar to smart contracts, tokenisation, and digital ledgers as new means of processing payments and records, not a threat to the financial system. He called on policymakers and banks to collaborate in developing payment systems that will be able to harness these technologies well.
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